IPad 2 To Get As Cheap As $299 Says Rumor

Posted: Jan 3 2012, 3:02pm CST | by , Updated: Jan 3 2012, 3:28pm CST, in Rumors | Apple


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Cheaper iPad spells doom for tablet competitors

A new iPad 2 rumor is floating around today. The rumor is reinforcing one we heard before that said the existing iPad 2 would get cheaper to fight the Kindle Fire. I had mentioned when I wrote that other rumor story that I thought the iPad 2 would need to get cheaper than it is today to be able to complete with the Fire.

The DigiTimes new rumor points to the price cuts I thought needed to happen. I had said we would see the iPad 2 drop to $199 or at least very close to that point. The $199 price of the iPad 2 doesn't seem feasible, but Apple is reportedly coming slow to that. Right now, the base iPad 2 is $499. Sources in the supply chain are claiming that the tablet will see a price cut to $399 for starters.

The same sources claim that the price may ultimately be even lower at $349 to $299. I think Apple would decimate the tablet market if the iPad 2 dropped to $299. I also think that the rumors of production cutback on the iPad 2 don’t jibe with this rumor. Apple would probably sell more iPad 2's at $299 than it sells now meaning it would want more tablets, not less. I can’t wait to see how this shakes out.

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The Author

<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.




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